23.
| (1) The Government may guarantee the repayment of the principal sum, and the payment of the interest on -
| | (a) any Housing Development Finance Corporation Debentures, and any Housing Development Finance Corporation Stock, created and issued by the Board under section 22; | | |
| | (b) any loan raised by the Corporation from any foreign Government, or any other source under section 21 ; | | |
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| (2) Any sum required for the fulfillment of any guarantee provided under subsection (1) shall be paid out of the Consolidated Fund. |
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| (3) Immediately after a guarantee is given under subsection (1), the Minister in charge of the subject of Finance shall lay a statement of such guarantee before Parliament. |
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| (4) Where any sum is paid out of the Consolidated Fund in fulfillment of any such guarantee, the Minister in charge of the subject of Finance shall lay before Parliament, a statement that such sum has been so paid. |
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Sri Lanka Consolidated Acts